Player Pension Benefits Sample Clauses

Player Pension Benefits. Subject to approval by the Internal Revenue Service (the “IRS”) and to the extent permitted by applicable law, the NBA shall provide the following pension benefits to NBA players and former NBA players in accordance with and subject to the terms and conditions of the National Basketball Association Players’ Pension Plan, as restated effective February 2, 2014, and as amended from time to time and as to be modified as set forth herein (the “Pension Plan”). (All capitalized terms used in this Section 1 not otherwise defined in this Agreement shall have the meanings set forth in the Pension Plan.)
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Player Pension Benefits. Subject to approval by the Internal Revenue Service (the “IRS”) (to the extent such approval may be obtained pursuant to IRS procedures) and to the extent permitted by applicable law, the NBA shall provide the following pension benefits to NBA players and former NBA players in accordance with and subject to the terms and conditions of the National Basketball Association Players’ Pension Plan, as restated effective July 1, 2017, and as amended from time to time and as to be modified as set forth herein (the “Pension Plan”), and the Amended and Restated Agreement of Trust for the Pension Plan, effective as of July 1, 2017, and as amended from time to time (the “Pension Trust Agreement”). (All capitalized terms used in this Section 1 not otherwise defined in this Agreement shall have the meanings set forth in the Pension Plan.)
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Player Pension Benefits. Effective with the date of this Agreement, and continuing until the expiration or termination of this Agreement, the National Basketball Association Players’ Pension Plan, as restated effective February 2, 2009, and as amended by the First, Second, Third and Fourth Amendments thereto (the “Pension Plan”), shall be continued and maintained in full force and effect. All capitalized terms used in this Section 1 not otherwise defined in this Agreement shall have the meanings set forth in the Pension Plan. Subject to approval by the Internal Revenue Services (the “IRS”) and to the extent permitted by applicable law, and except as provided in Section 1(f) below, the NBA shall provide the following pension benefits to NBA players and former NBA players:
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Related to Player Pension Benefits

  • Pension Benefits Each party reserves the right to retain as his or her sole and absolute separate property, the entire interest in pension benefits now vested, or that become vested in the future, and the right to manage, control, transfer, and convey all such property and dispose of the same by will, beneficiary designation or otherwise, without any interference from the other. The parties acknowledge that this Agreement shall constitute an effective waiver of any rights in the other's pension benefit plans. Furthermore, each party agrees to execute whatever additional waiver document may be necessary or useful to confirm such waiver of rights to the other party's pension benefit plans.

  • Welfare, Pension and Incentive Benefit Plans During the Employment Period, Executive (and his eligible spouse and dependents) shall be entitled to participate in all the welfare benefit plans and programs maintained by the Company from time-to-time for the benefit of its senior executives including, without limitation, all medical, hospitalization, dental, disability, accidental death and dismemberment and travel accident insurance plans and programs. In addition, during the Employment Period, Executive shall be eligible to participate in all pension, retirement, savings and other employee benefit plans and programs maintained from time-to-time by the Company for the benefit of its senior executives, other than any annual cash incentive plan.

  • Defined Benefit Pension Plans The Borrower will not adopt, create, assume or become a party to any defined benefit pension plan, unless disclosed to the Lender pursuant to Section 5.10.

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one)

  • Compensation/Benefit Programs During the Term of Employment, the Executive shall be entitled to participate in all medical, dental, hospitalization, accidental death and dismemberment, disability, travel and life insurance plans, and any and all other plans as are presently and hereinafter offered by the Company to its executive personnel, including savings, pension, profit-sharing and deferred compensation plans, subject to the general eligibility and participation provisions set forth in such plans.